Gizmodo has a great post with a blow by blow of what happened in “a nice old building in New York’s Chelsea district.”

They announced a new Razr the Razr 2 with 3G HSDPA, EVDO, or EDGE/GPRS. 500MHz ARM 11 processor.  But that is just the beginning. Motorola announced a whole ton of new phones and you can check them out over at Gizmodo.

Update: Engadget has a hands on with the new Razr 2 and you can check it out here at Engadget.